Operations
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Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
By Laurel Deppen • Oct. 25, 2024 -
Tractor Supply to acquire online pet pharmacy
The move expands the retailer’s market opportunity. Meanwhile, new locations spurred Q3 sales, as store comps and net income declined.
By Daphne Howland • Oct. 25, 2024 -
Trendline
Inside retail supply chains
Companies looking to curry favor with customers, trim logistical expenses and improve efficiency, are reorganizing operations.
By Retail Dive staff -
7-Eleven to open over 600 stores under new design by 2027
The retailer’s newest format features “a larger product assortment and expanded food and beverage offerings,” CEO Joseph DePinto told investors on Thursday.
By Brett Dworski • Oct. 25, 2024 -
Indochino names vice president of retail sales and operations
Sean Wrenn was most recently vice president of direct retail at Kendra Scott and also has experience from Abercrombie & Fitch and Aéropostale.
By Howard Ruben • Oct. 25, 2024 -
Beyond’s revenue falls nearly 17% in Q3
The company said it wants to reduce fixed expenses by an annualized $65 million heading into 2025.
By Nate Delesline III • Oct. 24, 2024 -
The Paper Store dedicates $60M to brick-and-mortar expansion
This year the retailer’s largely Northeast fleet has grown by 10% to more than 100 stores, and its five-year plan includes a move into new markets.
By Daphne Howland • Oct. 24, 2024 -
Best Buy extends store hours for the holidays
The electronics retailer also has an extended holiday return and exchange policy for most gifts purchased between Nov. 1 through Dec. 31.
By Tatiana Walk-Morris • Oct. 24, 2024 -
PetSmart taps former Foot Locker chief as CEO
Ken Hicks — who was also previously the chief executive at Academy Sports and Outdoors — replaces J.K. Symancyk, who left last month.
By Howard Ruben • Oct. 24, 2024 -
Amazon to end same-day delivery service from retailers’ local stores
The program, called Amazon Today, will operate until Jan. 24, as the company streamlines its fast shipping offerings.
By Max Garland • Oct. 24, 2024 -
Holiday hiring hurdles have retailers banking on cross-training, incentives
Fewer employers plan to hire seasonal help this year, and labor shortages are at least partly to blame.
By Kate Tornone • Oct. 24, 2024 -
Inside the Store: Sam’s Club unveils its store of the future
Shoppers must use Scan & Go at the newly opened Dallas-area location, which boasts a large sushi island, pizza-making robot and more e-commerce fulfillment tools.
By Catherine Douglas Moran , Sam Silverstein • Oct. 24, 2024 -
Beyond to lay off 20% of workforce
Chief Product Officer Carlisha Robinson was terminated without cause Tuesday, according to a regulatory filing.
By Nate Delesline III • Oct. 23, 2024 -
Lender group to buy Tupperware out of bankruptcy
The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash.
By Nate Delesline III • Oct. 23, 2024 -
Wayfair launches paid loyalty program
For $29 a year, the online retailer is offering customers free shipping, early access to major sales events and 5% back in rewards on purchases.
By Howard Ruben • Oct. 23, 2024 -
Retail inventories in good shape for holidays: NRF CEO
Matthew Shay said companies averted disruptions related to the East and Gulf Coast port strike by moving goods early.
By Alejandra Carranza • Oct. 23, 2024 -
Target cuts prices on 2K items for the holiday season
It's the second time in less than six months the retailer lowered prices. By the end of the year, the company said it will have reduced prices on 10,000 items.
By Nate Delesline III • Oct. 22, 2024 -
Walmart adds pharmacy to same-day delivery
The retail giant said it’s responding to a top request from its customers. The option is now available in six states and will expand nationally.
By Daphne Howland • Oct. 22, 2024 -
Poshmark scraps new fees after seller outcry, sales hit
The resale marketplace instituted a suite of changes earlier this month, but is already abandoning them this week.
By Daphne Howland • Oct. 22, 2024 -
Amazon pilots small-format grocery concept
The test store in Chicago is meant for quick fill-in grocery runs and aims to reduce the number of retailers shoppers have to visit to complete shopping trips.
By Peyton Bigora • Oct. 22, 2024 -
REI sticks to store expansion plans despite declines
Amid layoffs, falling sales, widening losses and some turmoil at unionized locations, the outdoor retailer seeks a path to growth.
By Daphne Howland • Oct. 21, 2024 -
Bed Bath & Beyond stores to return with Kirkland’s partnership
The companies will open neighborhood, small-format stores, and Beyond will invest $25 million in Kirkland's in a combined debt and equity transaction.
By Nate Delesline III • Oct. 21, 2024 -
Deep Dive
Why apparel companies embrace supplier scorecards
The tool can help build more transparent sourcing relationships and better measure supply chain metrics.
By Kelly Stroh • Oct. 21, 2024 -
Amazon to deploy AI tech in delivery vans
Vision-Assisted Package Retrieval aims to help drivers quickly find packages and save time on routes.
By Max Garland • Oct. 21, 2024 -
Sponsored by Pinterest
3 actionable steps to optimize your holiday campaign performance at every stage of the funnel
Plan more proactively — and in turn, meet your sales goals with maximum efficiency.
Oct. 21, 2024 -
BuyBuy Baby to close all stores less than a year after relaunch
The company said the move will allow it to transform "into a digital-first brand, focusing all our energy on providing an exceptional online shopping experience."
By Nate Delesline III • Oct. 18, 2024